Energy Update
Fifteen states led by coal-rich West Virginia asked a federal court to stall Obama administration rules intended to cut the use of fossil fuel for power plants and slow climate change.
The request on Thursday is the first move by states to block President Barack Obama’s landmark initiative. It would freeze current regulations as they work to undo the new rules.
WARSAW, Aug 14 (Reuters) - The chief executive of Poland's state-controlled gas distributor PGNiG repeated on Friday that talks with Russia's Gazprom on imported gas prices were advanced.
** Oil producers and oilfield service providers down as U.S. crude oil prices fell below $42 a barrel after new build in U.S.
TORONTO, Aug 14 (Thomson Reuters Foundation) - Global food shortages will become three times more likely as a result of climate change and the international community needs to be ready to respond to price shocks to prevent civil unrest, a joint U.S.-British taskforce warned on Friday.
JAKARTA, Aug 14 (Reuters) - Indonesian President Joko Widodo on Friday presented his government's proposed 2016 budget to parliament. Here are some highlights and targets of his budget proposal, including assumptions for key economic indicators next year. ASSUMPTIONS Proposed 2016 2015 budget budget GDP growth (pct) 5.5 5.7 Year-end inflation 4.7
LONDON, Aug 14 (Reuters) - Britain's top equity index edged up on Friday, with travel group TUI leading the risers and gains mitigated by a decline for commodities stocks, such as Glencore and BP.
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